3900 S Hawthorne Ave, Sioux Falls, SD 57105
- $1,170,000
- 10,620
- SqFt
- List Price
- $1,170,000
- MLS#
- 22600771
- Price Change
- ▼ $30,000 1778190335
- Living Area
- 10,620
- Lot Size
- 30,944
Property Description
Invest in a well-maintained, fully leased 12-plex offering a seamless transition for its next owner. This meticulously cared-for property is conveniently located near I-229 access in Sioux Falls, providing excellent tenant appeal and accessibility. Numerous capital improvements over recent years have positioned this asset for strong future NOI growth. Additional income is generated through on-site coin-operated laundry, garages, and ample parking. There is also opportunity to further increase returns by implementing a utility reimbursement fee or Ratio Utility Billing System (RUBS). A solid, stabilized investment with upside potential—don’t miss this opportunity. Contact us today to learn more and schedule a private showing!
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Additional Information
- School District
- SiouxFalls
- Middle School
- Edison MS
- High School
- Roosevelt HS
- Elementary School
- Laura Wilder ES
- Acres
- 0.71
- Appliances
- Range, Refrigerator
- Basement
- Partial
- Heating
- Forced Air, Natural Gas
- Living Area
- 10,620
- Lot Size
- 30,944
- Number Of Units
- 12
- Possession
- Immediate
- Roof
- Other
- Sewer
- Public Sewer
- Stories
- 2
- Subdivision
- Berrys Tom
- Water
- Public
- Year Built
- 1973
- Zoning
- RA 1
Courtesy of Jackson Dorhout from Alpine Residential.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. © 2026 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.